Latest Business News: Unilever Turns Cautious on Emerging Markets

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Latest Business News: Unilever Turns Cautious on Emerging Markets

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Latest Business News: Unilever Turns Cautious on Emerging Markets

by Wochit 0:53 mins

Latest Business News: Unilever Turns Cautious on Emerging Markets

by Wochit 0:53 mins

Unilever has become more cautious about prospects for emerging markets, a big growth driver for the consumer goods company, which reported underlying second-quarter sales growth shy of market expectations. General Motors Co posted a stronger-than-expected quarterly profit on strong demand in North America and cost-cutting in its struggling European business. In a response to an increased offer from Michael Dell and Silver Lake to take Dell private, investor Carl Icahn called on the Special Committee charged with overseeing offers to honor a shareholder protection clause that required a majority of shareholders not affiliated with Mr Dell to cast their votes in favor of his plan.

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